Page 7 - Realty One Benefits Guide CA

WHO MAY ENROLL
All regular full-time employees working at least 30 hours per week and their eligible dependents may participate in Realty ONE Group’s
benefits program. Your eligible dependents include your legally married spouse, registered domestic partner, and children under the
age of 26 regardless of student or marital status.

WHEN YOU CAN ENROLL
Eligible employees may enroll at the following times:
• As a new hire, you may participate in the company’s Medical, Dental, Vision, Life, Disability and Flexible Spending Account plans
on the first day of the month following 60 days of employment
• During annual open enrollment
• Within 30 days of a qualified change in family status as defined by the IRS (see Changes To Enrollment)

PAYING FOR YOUR COVERAGE
The Basic Life/AD&D, Short Term Disability, Long Term Disability and Employee Assistance Program benefits are provided at no cost to
you and are paid entirely by Realty ONE Group. You and the company share in the cost of the Medical benefits you elect. Any Dental,
Vision, Voluntary Life and Voluntary Products you elect will be paid by you at discounted group rates. Your Medical, Dental, and Vision
contributions are deducted before taxes are withheld which saves you tax dollars. Paying for benefits before-tax means that your share
of the costs is deducted before taxes are determined, resulting in more take-home pay for you. As a result, the IRS requires that your
elections remain in effect for the entire year. You cannot drop or change coverage unless you experience a status change.

CHANGES TO ENROLLMENT /IMPORTANT INFORMATION
All of our benefit plans are effective August 1, 2016 this plan year only. We will experience a short plan year effective August 1,2016 to December
31, 2016. After this short plan year , our benefit plans will be effective January 1st through December 31st of each year. There is an annual open
enrollment period for the short plan year mentioned above and a second open enrollment period in January to line up the new plan year going
forward. During open enrollment you can make benefit elections. Once you make your benefits elections, you cannot change them during
the year unless you experience a qualified change in family status as defined by the IRS. Examples include, but are not limited to the following:
• Marriage, divorce, legal separation or annulment
• Birth or adoption of a child
• A qualified medical child support order
• Death of a spouse or child
• A change in your dependent’s eligibility status
• Loss of coverage from another health plan
• Change in your residence or workplace (if your benefit options change)
• Loss of coverage through Medicaid or Children’s Health Insurance Program (CHIP)
• Becoming eligible for a state’s premium assistance program under Medicaid or CHIP

Please note that coverage for a new dependent is not automatic. If you experience a change in family status, you
have 30 days to update your coverage. Please contact the Human Resources Department immediately to complete
the appropriate election forms as needed. If you do not update your coverage within 30 days from the family status
change, you must wait until the next annual open enrollment period to update your coverage.

Page 7